Jim runs an electronic store. Yesterday, he counted 250 people who walked by his
ID: 2946413 • Letter: J
Question
Jim runs an electronic store. Yesterday, he counted 250 people who walked by his store, 75 of whom came into the store. Of the 75 who came into the store, only 25 bought something.1. Find the probability that a person who walks by the store will enter the store 2. Find the probability that a person who walks into the store will buy something 3. Find the probability that a person will come in and buy something. 4. Find the probability that a person who comes into the store will buy nothing.
(All answers rounded to two decimal points) Jim runs an electronic store. Yesterday, he counted 250 people who walked by his store, 75 of whom came into the store. Of the 75 who came into the store, only 25 bought something.
1. Find the probability that a person who walks by the store will enter the store 2. Find the probability that a person who walks into the store will buy something 3. Find the probability that a person will come in and buy something. 4. Find the probability that a person who comes into the store will buy nothing.
(All answers rounded to two decimal points)
1. Find the probability that a person who walks by the store will enter the store 2. Find the probability that a person who walks into the store will buy something 3. Find the probability that a person will come in and buy something. 4. Find the probability that a person who comes into the store will buy nothing.
(All answers rounded to two decimal points) 1. Find the probability that a person who walks by the store will enter the store 2. Find the probability that a person who walks into the store will buy something 3. Find the probability that a person will come in and buy something. 4. Find the probability that a person who comes into the store will buy nothing.
(All answers rounded to two decimal points)
Explanation / Answer
from given data:
1) probability that a person who walks by the store will enter the store =75/250=0.30
2)
probability that a person who walks into the store will buy something =25/75=1/3=0.33
3)
probability that a person will come in and buy something =25/250=0.10
4) probability that a person who comes into the store will buy nothing =1-P(buys someting given enters in)
=1-25/75=50/75=2/3=0.67
Related Questions
Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.